8 Brilliant Entrepreneurs That Are Still in College

by / 3 Comments / 9361 View / August 21, 2014

[section_title title=Eli Engleman and David Cajigas]

 5. Eli Engelman and Daniel Cajigas – Founders of iStockAlerts

daniel and eli College: Tulane University and Wharton School of Business at the University of Pennsylvania, respectively.

Year: Class of 2018

In 2013, Eli Engelman and Daniel Cajigas teamed up to create an audacious project: a mobile app that interacts with the stock market.  Shortly after, on May 1st, 2014, the group launched iStockAlerts, an application that allows users to buy and sell stocks with direct advice provided on the interface.  The application spurred immediate attention in the media, being featured on major news channels including on NBC and ABC.

AA Individual app page

Interface of iStockAlerts on iOS

What makes iStockAlerts different from other mobile applications that deal with the stock market is its accessibility of use.  When interviewing them, the team indicated that “no stock market knowledge is needed to use iStockAlerts.”  In many ways, the app plays the role of an interactive broker that is fed data by the application, advising users to buy or sell certain stocks.  The app is also free to download now, which has prompted over 3,000 individuals to use it.

The focus of the application is to close the gap between the average investor and high-powered institutionalized investors.  The team claims to have built a self-evolving algorithm that adapts to market trends and monitors shifts in High Frequency Trading.  The algorithm thus automatically changes the status of each stock’s prospective value: Sell, Hold, and Buy.  Users simply have to click on the stock to implement the advice provided, creating an extraordinarily simple process when it comes to trading.

iStockAlert’s Website: istockalerts.com

  • Anonymous

    “Think I missed someone who should be included on this list?”

    You missed the founder of the UGT

    • Noam

      Yeah you definitely missed the founder of the UGT

  • Bobby Fine

    Damn some of these college freshman making dem big $$$ and im graduated and still living in my pop’s basement